Is Hope, MI a good place to invest in rental property?

Hope, MI has a median modeled monthly cash flow of $-1,155 and a median cap rate of 2.1%, on a median sold price of $277,500. Prices changed +24.3% year over year.

What is the average cap rate in Hope, MI?

The median cap rate across recently sold homes in Hope, MI is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hope, MI?

The median sold price in Hope, MI is $277,500 (about $189 per square foot).

Investing in Hope, MI Real Estate

A data-driven snapshot of the Hope, MI rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$277,500Median sold price

$189Median $/sqft

2.1%Median cap rate

$-1,155Modeled cash flow / mo

+24.3%Appreciation YoY

9.9Months of supply

51Active listings

62Sold (last 12 mo)

What the Hope numbers say

In Hope, MI, the median home sold for $277,500 (about $189 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-1,155 of monthly cash flow. Sold prices moved +24.3% over the past year. Inventory sits at about 9.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Michigan markets to compare

See Hope cash-flowing listings

CashFlowRE ranks every for-sale home in Hope, MI by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Hope deals, or browse the national market data.